A real estate investment trust has landed new financing for loans tied to office space in three U.S. states, a rare move at a time when many lenders are pulling back on office financing.
REIT secures $480 million backing five US office properties
KBS REIT III finds financing for properties in California, Minnesota and Texas
CoStar News
February 21, 2025 | 4:57 P.M.
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IN THIS ARTICLE
- Properties
- 60 South Sixth
60 6th St, Minneapolis, MN
- Sterling Plaza
5949 Sherry Ln, Dallas, TX
- Accenture Tower
500 Madison St, Chicago, IL
- Ten Almaden
10 Almaden Blvd, San Jose, CA
- Tower I Emeryville
1900 Powell St, Emeryville, CA
- Companies
- KBS
Real Estate
- Contacts
- Marc DeLuca
CEO & Regional President, Eastern U.S., KBS